Apple on Wednesday unveiled its first foldable smartphone, the iPhone Duo, during a launch event. The new device, the iPhone Duo, marks Apple’s entry into the growing market of foldable phones. Details regarding pricing and availability of the iPhone Duo were not immediately released, although Apple indicated it would be available globally. The launch event was held without specifying a location. Industry analysts predict the iPhone Duo will significantly impact the smartphone market, potentially challenging established players like Samsung. This new offering from Apple introduces a new form factor to its popular iPhone line.